Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (778562)	4/6/2014 11:46:16 AM
From: tejek	Read Replies (2) of 1574096

Yeah, that's not going to change either until stockholders can hold votes, which bind the Board of Directors to stockholder majority rules. Unfortunately, stockholder votes are currently non-binding. So the only hope we have to curb CEO pay are shareholder activists that make a big public stink. But that isn't very effective. We need Democratic rights for stockholders and that would do the trick. We also need to make it illegal for a CEO to also be Chairman of the Board. Conflict of interest anyone? Sheesh. Its really disturbing how blatant and excessive its become. There seems to be no limits. And its spilled over into other professions. I posted an article yesterday where the archbishop of Atlanta was forced to sell his $2.2 million mansion because of angry parishioners. And don't get me started on the fact that the highest paid public servant in WA state is the football coach at UW. The US is becoming more and more like Russia.

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